| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $12.83M | $21.46M | $7.54M | $15.33M | $8.60M -33.0% | $38.91M +81.3% | $15.25M +102.1% | $14.91M -2.7% | Strengthening |
| Operating Profit | -$16.56M | -$7.34M | -$20.49M | -$12.86M | -$18.95M -14.4% | $10.56M | -$8.04M +60.7% | -$11.23M +12.7% | Strengthening |
| Net Profit | -$20.64M | -$10.38M | -$20.69M | -$13.27M | -$19.61M +5.0% | $9.60M | -$8.70M +57.9% | -$12.01M +9.5% | Strengthening |
| EPS | $-0.29 | — | $-0.25 | $-0.16 | $-0.22 +24.1% | — | $-0.10 +60.0% | $-0.13 +18.8% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$20.63M | -$10.37M | -$20.68M | -$13.26M | -$19.61M +5.0% | $9.62M | -$8.67M +58.1% | -$11.99M +9.6% | Strengthening |
| MarginsOPM | -129.0% | -34.2% | -271.6% | -83.9% | -220.3% -70.8% | 27.1% | -52.8% +80.6% | -75.3% +10.3% | Strengthening |
| Tax | -0.1% | -0.0% | -0.1% | -0.1% | -0.0% +20.0% | 0.2% | -0.4% -740.0% | -0.1% +0.0% | Weakening |
| ReturnsROIC | 3.3% | 1.7% | 3.3% | 2.1% | 3.1% -5.0% | -1.5% -192.5% | 1.4% -57.9% | 1.9% -9.5% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $53.04M | $90.50M | $149.12M | $116.80M | $113.98M | $65.12M | $19.26M | $50.79M | $27.17M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $68.20M | $114.20M | $184.42M | $161.89M | $162.89M | $93.47M | $98.77M | $96.82M | $71.92M |
| Net PP&E | $4.76M | $30.12M | $31.06M | $65.44M | $61.88M | $28.62M | $42.90M | $43.52M | $40.52M |
| Goodwill | $3.24M | $3.24M | $3.24M | $3.24M | $3.24M | $2.46M | $2.46M | $2.46M | $2.46M |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $79.28M | $149.07M | $221.65M | $246.38M | $250.39M | $136.56M | $149.01M | $147.80M | $120.06M |
| LiabilitiesTotal Current Liabilities | $18.11M | $15.39M | $24.98M | $33.37M | $49.07M | $35.83M | $23.65M | $25.32M | $23.51M |
| Short-Term Debt | — | — | — | — | — | — | — | $0 | $7.06M |
| Long-Term Debt | — | — | — | — | — | $0 | $28.91M | $40.10M | $33.82M |
| Long-Term Leases | $0 | $24.95M | $22.32M | $43.56M | $38.28M | $12.24M | $28.16M | $30.16M | $28.42M |
| Total Liabilities | $22.98M | $43.56M | $51.54M | $81.99M | $105.60M | $49.95M | $82.08M | $97.27M | $87.10M |
| EquityCommon Stock & APIC | $5.0K | $6.0K | $6.0K | $6.0K | $6.0K | $7.0K | $8.0K | $9.0K | $9.0K |
| Retained Earnings | -$330.47M | -$342.41M | -$366.42M | -$387.70M | -$421.29M | -$497.53M | -$562.81M | -$606.78M | -$627.49M |
| Total Equity | $56.31M | $105.52M | $170.10M | $164.39M | $144.80M | $86.61M | $66.93M | $50.53M | $32.96M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | $10.69M | -$13.70M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$14.09M | -$12.56M | -$16.46M | -$14.27M | $11.28M | -$52.64M | -$49.41M | -$19.38M | -$10.40M |
| Cash from Investing | -$2.77M | -$3.67M | -$5.75M | -$21.42M | -$13.58M | -$4.86M | -$56.98M | $23.50M | $11.16M |
| Cash from Financing | $38.57M | $53.96M | $80.81M | $3.77M | -$575.0K | $8.17M | $60.52M | $27.93M | $121.0K |
| SummaryCapital Expenditure | -$2.77M | -$3.73M | -$3.75M | -$13.83M | -$8.31M | -$4.42M | -$4.30M | -$4.47M | -$1.78M |
| Free Cash Flow | -$16.86M | -$16.29M | -$20.21M | -$28.09M | $2.98M | -$57.06M | -$53.72M | -$23.85M | -$12.18M |
| FCF Margin | -27.8% | -23.8% | -29.3% | -26.8% | 2.1% | -81.3% | -90.5% | -33.9% | -15.7% |